401(k) · DOL Form 5500 · 2023

Aflac Incorporated 401(k) Plan

Data updated 2026-08-06

$871M
Total assets
5,665
Participants
98th
Percentile by assets
$153,797
Avg per participant
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Official DOL plan name: Aflac Incorporated 401(k) Savings and Profit Sharing Plan · Sponsored by Aflac Incorporated · Georgia · Finance & Insurance

$871M in assets, 5,665 participants

Aflac Incorporated's Aflac Incorporated 401(k) Savings and Profit Sharing Plan reported $871M in total assets and 5,665 participants in its 2023 DOL Form 5500 filing, ranking in the 98th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 98th percentile by assets (of 126,618 plans)
  • #8,599 in Finance & Insurance (8,852 peers)

Coverage in Georgia

Aflac Incorporated 401(k) Savings and Profit Sharing Plan covers 5,665 participants in Georgia, 5.0x the typical Georgia plan (state average ~1,126 per filing). Assets: $871M.

$871M
total plan assets (2023 EOY)
5,665
covered participants
98th
percentile by assets (of 126,618 plans)
$153,797
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Aflac Incorporated 401(k) Savings and Profit Sharing Plan reported net income rose from -$57M in the plan year 2022 filing to $156M in the plan year 2023 filing.
  • Aflac Incorporated 401(k) Savings and Profit Sharing Plan end-of-year assets rose from $715M in the plan year 2022 filing to $871M in the plan year 2023 filing.
  • Aflac Incorporated 401(k) Savings and Profit Sharing Plan reported participants fell from 5,780 in the plan year 2022 filing to 5,665 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State

Participants vs Georgia filers

In Georgia, the average filing covers about 1,126 participants across 3,470 plans. Aflac Incorporated 401(k) Savings and Profit Sharing Plan reports 5,665 participants - 5.0x that state average ($871M EOY assets).

Georgia filing particulars

Total Assets (Beginning of Year)$715M
Net Assets (End of Year)$871M
Net Income$156M
Employer EIN581167100
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Aflac Incorporated)

$1.35B$1.4B$1.45B$1.5B$1.55B 202220232024 $1.37B $1.51B ▲ +10.2%
Total plan assets by year, all Aflac Incorporated plans on file
Year Plans Participants Total Assets
2022 2 8,117 $1.4B
2023 2 7,871 $1.5B
2024 2 7,832 $1.5B

Nearby 401(k) Plans in Georgia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Aflac Incorporated 401(k) Savings and Profit Sharing Plan vs. nearby 401(k) plans in Georgia, assets vs. participants

Aflac Incorporated 401(k) Savings and Profit Sharing Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -2000000200000400000600000 05101520 Total assets ($B) Participants Aflac Incorporated 4…The Teamster - UPS N…Delta 401(k) Retirem…Delta 401(k) Retirem…UPS 401(k) Savings P…The Home Depot Futur…
Aflac Incorporated 401(k) Savings and Profit Sharing Plan vs. nearby 401(k) plans in Georgia, assets vs. participants

Scale composition for Aflac Incorporated 401(k) Savings and Profit Sharing Plan

Aflac Incorporated 401(k) Savings and Profit Sharing Plan reports $871M in end-of-year assets across 5,665 participants (0.007% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.006% of 89,805,449 covered participants) - about $153,797 per participant (1.1x the national average assets-per-participant) . Net income for plan year 2023 was $156M.

This plan identity (EIN 581167100, plan #004) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $715M to $1.1B (+48.9%) while covered participants moved from 5,780 to 5,693 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,780 $715M Open filing
2023 5,665 $871M This page
2024 · index core 5,693 $1.1B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Aflac Incorporated 401(k) Savings and Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Aflac Incorporated 401(k) Savings and Profit Sharing Plan assets move in 2023?
Aflac Incorporated 401(k) Savings and Profit Sharing Plan grew sharply - up 21.8% during 2023, from $715M to $871M. Reported net income was $156M.
How have Aflac Incorporated plan assets changed over time?
Across 3 plan years on file (2022-2024), Aflac Incorporated's sponsor-wide assets grew 9.5%, from $1.4B to $1.5B.
Where does Aflac Incorporated 401(k) Savings and Profit Sharing Plan rank by assets among Form 5500 filers?
Aflac Incorporated 401(k) Savings and Profit Sharing Plan ranks in the 98th percentile by end-of-year assets among 126,618 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Aflac Incorporated 401(k) Savings and Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Tiffany & Company Employee P/S & Retirement Savings Plan in NY ($871M, 4,884 participants).

Next read for Aflac Incorporated 401(k) Savings and Pr…

Filing takeaways

Ways to act on Aflac Incorporated 401(k) Savings and Profit Sharing Plan's numbers.